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Explain What Entrepreneurship Is and Why It Is Considered a Factor

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Essay

Explain what entrepreneurship is and why it is considered a factor of production.


Definitions:

Communication Competency

The ability to effectively convey, receive, and interpret messages, information, or ideas in verbal, nonverbal, and written forms.

Competencies

Essential skills, abilities, and knowledge required for effective performance in a job or task.

Career Plan

A structured sequence of personal goals, actions, and timelines aimed at achieving professional development and advancement.

Work-Related Experiences

Experiences or activities connected to one's profession or job, contributing to skill development and career growth.

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